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The Hey to the Recovery of the SWFl Market

By
Services for Real Estate Pros with South West Florida Real Estate Investment Association

The term for today is

ABSORPTION RATE   
The ratio of the number of properties in an area that have been sold against the number available. Used to show the volatility of a market.

 

the balance of the market will show when, health has returned

 

foreclosures are still at an all time high, we beat the previous high in 1991

 

in a way thats a good sign

the foreclosures will top

 

then we can start working on the inventory

 

the bright side is we will have lots of cheap Fl real estate to sell, LOL

people still want to be here

Brian Hoots
Real Living Speckman Realty, Inc. - Bourbonnais, IL
great post, appleAre you seeing any slow down in the rate of foreclosures in cape coral or is this just the beginning.
Sep 21, 2007 09:44 AM